Rockwell Automation, Inc. $ROK Shares Bought by NewEdge Advisors LLC

Key Points

• NewEdge Advisors increased its Rockwell Automation stake by 15.8% in the first quarter, bringing its holdings to 34,470 shares valued at approximately $12.4 million. Institutional investors and hedge funds collectively own 75.75% of the company.
• Rockwell reported quarterly earnings of $3.49 per share on revenue of $2.31 billion, beating analyst expectations, while revenue rose 7.9% year over year. The company reaffirmed fiscal 2026 EPS guidance of $13.00 to $13.30.
• The company declared a quarterly dividend of $1.38 per share, or $5.52 annually, and authorized a $1 billion share-repurchase program. Despite analyst price targets generally above the $440.95 share price, the consensus rating remains “Hold,” with a $468.05 target.

NewEdge Advisors LLC grew its holdings in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 15.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,470 shares of the industrial products company's stock after buying an additional 4,696 shares during the quarter. NewEdge Advisors LLC's holdings in Rockwell Automation were worth $12,371,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC acquired a new stake in shares of Rockwell Automation in the fourth quarter valued at about $281,000. AQR Capital Management LLC grew its stake in Rockwell Automation by 75.9% during the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company's stock valued at $2,059,000 after acquiring an additional 3,513 shares in the last quarter. Empowered Funds LLC raised its holdings in Rockwell Automation by 142.7% in the 1st quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company's stock valued at $1,887,000 after acquiring an additional 4,295 shares during the last quarter. Acadian Asset Management LLC raised its holdings in Rockwell Automation by 233.6% in the 1st quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company's stock valued at $484,000 after acquiring an additional 1,315 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in Rockwell Automation in the 2nd quarter worth approximately $868,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Rockwell Automation Stock Down 0.2%

Shares of NYSE:ROK opened at $440.95 on Friday. The company has a market capitalization of $48.97 billion, a price-to-earnings ratio of 41.33, a PEG ratio of 2.58 and a beta of 1.54. Rockwell Automation, Inc. has a 12-month low of $328.70 and a 12-month high of $497.36. The business has a 50-day moving average price of $464.99 and a 200 day moving average price of $425.44. The company has a current ratio of 1.08, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74.

Rockwell Automation (NYSE:ROK - Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, beating analysts' consensus estimates of $3.38 by $0.11. The company had revenue of $2.31 billion for the quarter, compared to analysts' expectations of $2.24 billion. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. Rockwell Automation's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.82 earnings per share. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Sell-side analysts expect that Rockwell Automation, Inc. will post 13.19 EPS for the current year.

Rockwell Automation Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 1.3%. The ex-dividend date is Monday, August 17th. Rockwell Automation's dividend payout ratio (DPR) is 51.73%.

Rockwell Automation declared that its board has authorized a stock repurchase plan on Tuesday, June 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the industrial products company to repurchase up to 2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Morgan Stanley restated an "overweight" rating and issued a $525.00 target price on shares of Rockwell Automation in a report on Wednesday, May 6th. Argus boosted their price target on shares of Rockwell Automation from $465.00 to $530.00 and gave the company a "buy" rating in a research report on Wednesday, June 24th. Robert W. Baird set a $514.00 price objective on shares of Rockwell Automation in a research report on Wednesday. JPMorgan Chase & Co. lifted their target price on shares of Rockwell Automation from $404.00 to $417.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 6th. Finally, HSBC boosted their target price on shares of Rockwell Automation from $445.00 to $490.00 in a report on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Rockwell Automation currently has a consensus rating of "Hold" and a consensus price target of $468.05.

Insider Activity at Rockwell Automation

In other news, VP John M. Miller sold 1,054 shares of Rockwell Automation stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the completion of the sale, the vice president directly owned 5,615 shares of the company's stock, valued at approximately $2,392,102.30. The trade was a 15.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 377 shares of the business's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $460.51, for a total value of $173,612.27. Following the completion of the sale, the senior vice president owned 4,437 shares in the company, valued at $2,043,282.87. This represents a 7.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,649 shares of company stock valued at $722,119 in the last quarter. 0.76% of the stock is owned by insiders.

About Rockwell Automation

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company's product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.

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